Information Provided By: 
Fly News Breaks for December 9, 2019
PAGP
Dec 9, 2019 | 05:09 EDT
Goldman Sachs analyst Michael Lapides initiated coverage of Plains GP Holdings with a Neutral rating and $18 price target. Declining tariffs will create lower returns on newbuild pipelines due to a surplus of Permian takeaway capacity, Lapides tells investors in a research note. Further, the analyst expects elevated capital spending in 2020, with significant improvements in cash flow in 2021 and beyond as new pipelines come online.
News For PAGP From the Last 2 Days
There are no results for your query PAGP
